The IT services sector in Finland has shown consistent growth from 2013 to 2023, with employment measured in million hours. In 2023, the sector stood at 132.3 million hours. The year-on-year growth rate varied, reaching a high of 7.82% in 2017 and a low of 1.45% in 2014. The last two years show a stable growth near 4%, while the 5-year CAGR from 2018 to 2023 was approximately 3.99%.
Future trends to watch for:
- Continued technological advancements
- Increased demand for cybersecurity services
- Growth in remote work infrastructure
- Expansion of AI and machine learning applications
- Rise in data analytics and cloud computing services